Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing continued growth, low debt and economic diversification as signs of resilience,

President Vladimir Putin on Friday urged officials not to let Russia fall into recession "under any circumstances", as some in his own government warned of a hit to economic growth."Some specialists and experts are pointing to the risks of stagnation and even a recession,